The Caribbean is ripe for innovation and investment in blue foods. Follow us to learn what we are doing to promote aquaculture in the region. #cultimar #aquaculture #caribbean
Demand for ‘blue foods’ is expected to double by 2050, from 2015 levels, and aquaculture will drive fish production, accounting for 106 million metric tonnes in 2030, a rise of 32% from 2020 levels, according to the FAO. From an investment perspective, the global aquaculture market size was valued at $264 billion in 2021 and is expected to reach $401 billion by 2030, growing at a CAGR of 5.37%. The consumption of a protein-rich diet will increase spending and adoption of cutting-edge technologies, such as machine learning, the Internet of Things (IoT), artificial intelligence (AI), automatic feeders, and acoustic telemetry tracking systems by aquaculture farm owners, and is behind the recent Ocean 14 Capital Fund investment in aquaManager. #bluefoods #aquaculture #privateequity #impactinvesting #blueeconomy #sdg14 #oceaneconomy #fishproduction
